What to Watch: Global stocks drop, Saudi Arabia under pressure, Nissan delays UK pay talks.

European stock markets continued to decline on
Monday after sharp falls last week.
Photo: Alex Kraus/Bloomberg/Getty Images

Here’s a daily overview of some key companies and business developments that the Yahoo Finance UK team is monitoring in Europe and abroad:

Global stocks keep dropping

European shares have failed to rebound on Monday after a deeply negative week. A flurry of threats such as trade wars, rising US bond yields, a slowdown in China and Brexit continue to weigh on markets.

Most of the key European indices are dropping by roughly 0.5% in morning trading, with companies including Airbus (AIR.PA) and Kering (KER.PA) down by about 2% and 3%, respectively. This comes after many major Asian indices locked in losses in excess of 1% on Monday.

By Alanna Petroff.

Full story at Yahoo News.